# PPP loan: CBC GROUP INC.
> **$1.93M** approved 02/24/2021 · Paid in Full · Loan `3969468508`
## Borrower
- **Name:** CBC GROUP INC.
- **Address:** 5226 S 31st Pl, Phoenix, AZ, 85040-3731
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.93M
- **Utilities:** $1
- **Jobs reported:** 220
## Lender
- **Originating:** Arizona Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*